"In a recent interview with Knowledge@Wharton, Marston shares advice from his book on how to reach that goal by saving and investing." listen to podcast, watch teh video or read the trasnscript. http://knowledge.wharton.upenn.edu/article/retirement-planning-marston/
August 21, 2014
Why You May Not Be as Ready for Retirement as You Think
"A new book by Wharton finance professor Richard Marston, Investing for a Lifetime: Managing Wealth for the “New Normal,” dispels some common beliefs about what Americans need to save for retirement. Recent reports have indicated that Americans should save eight times their income for retirement; Marston argues you should be saving closer to 15 times your income if you want to maintain your current standard of living."